Janus Henderson High-Yield Fund Class N 

The Janus Henderson High-Yield Fund - N Shares generally allocates a minimum of 80% of its total investable capital (which includes any funds acquired through borrowing) to speculative-grade debt. This primarily involves bonds with a sub-investment grade rating, but the fund's holdings may also include unrated securities of a similar credit quality, or other high-income investments that the portfolio managers deem to possess an attractive risk/reward balance.